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CondominiumResidential
$393,950$296 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1040 CENTRAL AVE

RIVERSIDE, CA 92507
Building report
2
Beds
1.8
Baths
1,332 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
871 ft²
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$394K
$387K low$401K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$317,950
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$254,360
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.18%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$76,000
BANK OF AMERICA · recorded Oct 1, 1993

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,939 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$180,324 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$72,121
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$108,203
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$176,789
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$433,710

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyRIVERSIDE
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Tile
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Emerson Elementary SchoolC
Elementary · Grades KG–6 · 1.3 mi
H
John W. North High SchoolC+
High · Grades 9–12 · 2.0 mi
M
University Heights Middle SchoolC+
Middle · Grades 7–8 · 2.3 mi

District: Riverside Unified School District

Neighborhood · ZIP 92507These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.450

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.64,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,078 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,160
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$82,952
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1040 Central Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 95% of homes in Canyon Crest
  • Costs less per square foot than 91% of homes in Canyon Crest
  • Smaller than 90% of homes in Canyon Crest
  • Among the smallest lots in Canyon Crest
  • Older than 85% of homes in Riverside County

What homes are worth in Riverside 92507

Each bar is how many homes fall in that price range. The marker is this home.

This home
$292K$927K

This home is worth more than 12% of homes in Riverside 92507.

How it measures up in Riverside 92507

The dot is this home. The mark in the middle is the typical home in Riverside 92507.

Estimated value$393,950
CheaperTypical $592,815Pricier

Pricier than 12% of homes nearby

Price per ft²$296
CheaperTypical $370Pricier

Pricier than 14% of homes nearby

Living area1,332 ft²
SmallerTypical 1,574 ft²Bigger

Bigger than 34% of homes nearby

Lot size871 ft²
SmallerTypical 0.19 acBigger

Smaller than almost all homes nearby

Year built1970
OlderTypical 1978Newer

Newer than 43% of homes nearby

How 1040 Central Ave ranks against every home in each area.
MeasureThis homeCanyon CrestRiverside 92507Riverside County
Estimated valuepricier than$393,9505% of homes12% of homes14% of homes
Price per ft²pricier than$2969% of homes14% of homes44% of homes
Living areabigger than1,332 ft²10% of homes34% of homes22% of homes
Lot sizebigger than871 ft²almost no homesalmost no homesalmost no homes
Year builtnewer than197023% of homes43% of homes15% of homes

About 1040 Central Ave

How much is 1040 Central Ave, Riverside, CA worth?

The TopHap Estimate for 1040 Central Ave, Riverside, CA is $393,950 as of Jul 14, 2026. The likely range is $386,746 to $401,154. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1040 Central Ave, Riverside, CA last sell?

1040 Central Ave, Riverside, CA last sold on Jan 1, 1900, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1040 Central Ave, Riverside, CA?

1040 Central Ave, Riverside, CA has 2 bedrooms, 1.8 bathrooms, 1,332 square feet of living space and a 0.20-acre lot.

When was 1040 Central Ave, Riverside, CA built?

1040 Central Ave, Riverside, CA was built in 1970, making it 56 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 1040 Central Ave, Riverside, CA?

1040 Central Ave, Riverside, CA is assigned to Emerson Elementary School (elementary), rated C; John W. North High School (high), rated C+; University Heights Middle School (middle), rated C+. All sit in Riverside Unified School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1040 Central Ave, Riverside, CA compare to other homes in Riverside 92507?

Among the 12,298 homes in Riverside 92507, it is worth more than 12% of them ($393,950 against a typical $592,815), its price per square foot is higher than 14% of them ($296 against a typical $370), it is bigger than 34% of them (1,332 ft² against a typical 1,574 ft²), its lot is bigger than almost none of them (871 ft² against a typical 0.19 ac) and it is newer than 43% of them (1970 against a typical 1978). Measured against all of Riverside County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1040 Central Ave, Riverside, CA?

The 2025 property tax bill for 1040 Central Ave, Riverside, CA was $1,939. The county assessed it at $180,324.

Closest homes

More homes in Riverside 92507

Assigned schools

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